Where we invest

Powering Australia Technology Fund

Through the $500 million Powering Australia Technology Fund, the CEFC is backing the growth of our climate tech ecosystem.

The Australian climate solution innovation ecosystem is richly diversified across many technologies, industry sectors and stages of development. We invest in businesses and entities that are developing, commercialising and supporting the deployment of technologies with the potential to accelerate Australia’s transition to net zero emissions by 2050.

Through the Powering Australia Technology Fund (PATF) the CEFC has the capacity to invest:

Directly in Australian climate tech businesses that are driving the development, commercialisation or take up of clean energy technologies
In funds managed by private equity, venture capital and other specialist fund managers that invest in Australian climate tech businesses that are driving the development, commercialisation or take up of clean energy technologies.

The Powering Australia Technology Fund targets economy-wide investment including

1

Energy generation, distribution, storage and consumption, including solar, wind, battery storage, low- and no-carbon fuels

2

The built environment and circular economy, including energy efficient building materials, modular buildings and building management systems

3

Transport and mobility systems, including businesses and business models that accelerate the uptake of electric vehicles and other forms of low emissions mobility

4

Sustainable land use and land management technologies, methods and practices

Identifying new investment opportunities

CEFC has launched a new initiative, the PATF Funds Program, that is seeking to identify investment opportunities in suitable climate tech focused funds. The objectives of the PATF Funds Program are to:

Encourage flows of investment capital into the climate tech sector
Develop and scale new technologies which have a credible emissions reduction pathway
Generate investment returns commensurate with risk
Catalyse a broader climate tech financing support industry.

Investment fund managers possessing an appropriate Australian Financial Services Licence are invited to express interest in the program.

Register here

Case study

Bringing renewable energy to multi-tenant buildings

This investment will help put more renewable energy into the hands of more Australians. It targets a section of the community which has previously struggled to share in the benefits of renewable energy generation and storage and empowers them to lower their carbon emissions and energy use.
Ian Learmonth
CEO, CEFC

Pacific Equity Partners targets mid-market infrastructure decarbonisation

We see significant opportunities to invest in leading mid-market businesses that need support working through the energy transition and decarbonising their operations. Our investment focus remains on finding good businesses which will also benefit from moving towards a decarbonisation goal.
Andrew Charlier
Managing Director, PEP

Crescent Capital private equity fund powers emissions reduction

It’s a pivotal time for decarbonising mid-market Australian companies, with a relatively short period of time to act for companies that wish to achieve meaningful emissions reductions by 2030. At Crescent we are incorporating emissions reduction activities not just because we believe it is the right thing to do, but also because we believe it will build better and more valuable businesses over the course of our holding period.
Lucy Cooper
Director of ESG, Crescent Capital

Adamantem drives lower emissions across private equity assets

We believe this is the direction needed to accelerate Australia’s transition toward more sustainable economic activity. We look forward to working with the CEFC on further developing and refining our emission reduction strategies that target long-term positive impact.
Rob Koczkar
Co-founder and Managing Director, Adamantem Capital